2005 California Civil Code Sections 1902-1906 CHAPTER 2. LOAN FOR EXCHANGE

CIVIL CODE
SECTION 1902-1906

1902.  A loan for exchange is a contract by which one delivers
personal property to another, and the latter agrees to return to the
lender a similar thing at a future time, without reward for its use.
1903.  A loan, which the borrower is allowed by the lender to treat
as a loan for use, or for exchange, at his option, is subject to all
the provisions of this Chapter.
1904.  By a loan for exchange the title to the thing lent is
transferred to the borrower, and he must bear all its expenses, and
is entitled to all its increase.
1905.  A lender for exchange cannot require the borrower to fulfill
his obligations at a time, or in a manner, different from that which
was originally agreed upon.
1906.  Sections 1893, 1895, and 1896, apply to a loan for exchange.


Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.